A Nine-Year Project Is Expected to Generate Annual Revenues of $137,800,variable

question 90

Multiple Choice

A nine-year project is expected to generate annual revenues of $137,800,variable costs of $82,600,and fixed costs of $11,000.The annual depreciation is $23,500 and the tax rate is 34 percent.What is the annual operating cash flow?

• A)$14,301
• B)$13,662
• C)$35,052
• D)$36,506
• E)$37,162